Civic Intelligence

Marshall Regional Arts Council

990EZ • Fiscal year 2020 • EIN 75-1811441

Jun 01, 2019 to May 31, 2020 • Filed on Nov 14, 2020

2501 East End Blvd SouthMarshall, TX 75671

(903) 935-4484

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

76th percentile

27%

Higher net margin than 76% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

69th percentile

23%

Faster asset growth than 69% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

36th percentile

-30%

Faster revenue growth than 36% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$60,215

Up $11,411 (+23%) from 2019

Net Assets

Up

$60,215

Up $11,411 (+23%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$40,865

Down $17,672 (-30%) from 2019

Expenses

Down

$29,958

Down $23,861 (-44%) from 2019

Net Income

Up

$10,907

Up $6,189 (+131%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2010: $114,481Net Assets 2010: $114,4812010Assets 2011: $135,885Net Assets 2011: $135,8852011Assets 2012: $116,567Liabilities 2012: $8272012Assets 2013: $120,398Liabilities 2013: $5,7742013Assets 2014: $113,642Liabilities 2014: $10,500Net Assets 2014: $103,1422014Assets 2015: $91,388Liabilities 2015: $2,392Net Assets 2015: $88,9962015Assets 2016: $46,140Liabilities 2016: $10,2232016Assets 2017: $43,115Liabilities 2017: $5,378Net Assets 2017: $37,7372017Assets 2018: $45,110Liabilities 2018: $1,024Net Assets 2018: $44,0862018Assets 2019: $48,804Net Assets 2019: $48,8042019Assets 2020: $60,215Net Assets 2020: $60,2152020Assets 2023: $76,975Liabilities 2023: $02023

Highlighted filing

2020

Assets$60,215
Liabilities-
Net Assets$60,215

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2010: $107,834Expenses 2010: $128,732Net Income 2010: -$20,8982010Revenue 2011: $160,676Expenses 2011: $139,272Net Income 2011: $21,4042011Revenue 2012: $90,848Expenses 2012: $108,598Net Income 2012: -$17,7502012Revenue 2013: $106,229Expenses 2013: $107,345Net Income 2013: -$1,1162013Revenue 2014: $97,532Expenses 2014: $109,014Net Income 2014: -$11,4822014Revenue 2015: $104,680Expenses 2015: $118,826Net Income 2015: -$14,1462015Revenue 2016: $89,571Expenses 2016: $112,906Net Income 2016: -$23,3352016Revenue 2017: $76,373Expenses 2017: $85,376Net Income 2017: -$9,0032017Revenue 2018: $62,103Expenses 2018: $55,754Net Income 2018: $6,3492018Revenue 2019: $58,537Expenses 2019: $53,819Net Income 2019: $4,7182019Revenue 2020: $40,865Expenses 2020: $29,958Net Income 2020: $10,9072020Revenue 2023: $50,249Expenses 2023: $52,217Net Income 2023: -$1,9682023

Highlighted filing

2020

Revenue$40,865
Expenses$29,958
Net Income$10,907
Jump To
Filing Snapshot
Filing Period
Jun 1, 2019 to May 31, 2020
Signed
Nov 14, 2020
Return Version
2019v5.0
Gross Receipts
$40,865
Mission and Program Overview

Mission

The mission of the mrac is to support, promote, and encourage participation and involement of all citizens of the region in quality experiences in both the arts and humanities. That is accomplished through lifelong arts in education opportunities, activities supporting area artists and creativity, providing a wide range of quality artistic performances, and activities that recognize the accomplishments of regional arts organizations and assist in their future development.

Program Services

DescriptionGrantsExpenses
THE ACHIEVEMENTS FOR MRAC FOR THE PAST YEAR INCLUDE VARIOUS ARTS EDUCATION EVENTS: THE MINI MONET CHILDREN, THE ANNUAL JEANS AND CLASSICS EVENT FEATURING THE MARSHALL SYMPHONY ORCHESTRA,VARIOUS ARTISTS PRESENTATIONS, THE ANNUAL MEMBERSHIP DRIVE, AND VARIOUS ARTS EDUCATIONAL EVENTS IN COOPERATION WITH MARSHALL INDEPENDENT SCHOOL DISTRICT.$29,958-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Fran HurleyBoard Member-$0--
Kristal JeansPresident-$0--
Frank StraussBoard Member-$0--
Joyce WeeklyBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Marshall Regional Arts Council
EIN
75-1811441
Phone
9039354484
Address
2501 EAST END BLVD SOUTH, MARSHALL, TX 75671

Signing Officer

Name
Claudia Lowery
Title
Executive Director
Signed
2020-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Christopher L Fyffe Pc
Address
705 E PINECREST DR, MARSHALL, TX 75670
Preparer
Dana C Harris CPA
Phone
9039382229
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $3679

Other Expenses.1002

Office Expenses $828

Other Expenses.1003

Information Technology $165

Other Expenses.1012

Insurance $763

Other Expenses.1

Arts in Education MISD $12492

Other Expenses.2

Jeans & Classics Sponsored Evt $1022

Other Expenses.4

Workshops and Training $560

Other Expenses.5

Membership Drive $543

Other Expenses.6

Dues & Other $200

Other Expenses.7

Fundraising MiniMonet Children $122

Other Expenses.8

Bank Fees $10

Raw XML Appendix184 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF THE MRAC IS TO SUPPORT, PROMOTE, AND ENCOURAGE PARTICIPATION AND INVOLEMENT OF ALL CITIZENS OF THE REGION IN QUALITY EXPERIENCES IN BOTH THE ARTS AND HUMANITIES. THAT IS ACCOMPLISHED THROUGH LIFELONG ARTS IN EDUCATION OPPORTUNITIES, ACTIVITIES SUPPORTING AREA ARTISTS AND CREATIVITY, PROVIDING A WIDE RANGE OF QUALITY ARTISTIC PERFORMANCES, AND ACTIVITIES THAT RECOGNIZE THE ACCOMPLISHMENTS OF REGIONAL ARTS ORGANIZATIONS AND ASSIST IN THEIR FUTURE DEVELOPMENT.
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/InvestmentIncomeCYPct00.00430
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $3679
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $828
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Information Technology $165
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $763
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Arts in Education MISD $12492
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Jeans & Classics Sponsored Evt $1022
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Workshops and Training $560
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Membership Drive $543
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Dues & Other $200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Fundraising MiniMonet Children $122
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Bank Fees $10
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ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Claudia Lowery
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MARSHALL REGIONAL ARTS COUNCIL
ReturnHeader/Filer/BusinessNameControlTxt0MARS
ReturnHeader/Filer/EIN0751811441
ReturnHeader/Filer/PhoneNum09039354484
ReturnHeader/Filer/USAddress/AddressLine1Txt02501 EAST END BLVD SOUTH
ReturnHeader/Filer/USAddress/CityNm0MARSHALL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075671
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0205703208
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHRISTOPHER L FYFFE PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0705 E PINECREST DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MARSHALL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075670
ReturnHeader/PreparerPersonGrp/PhoneNum09039382229
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Dana C Harris CPA
ReturnHeader/ReturnTs02020-11-14T12:26:39-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-06-01
ReturnHeader/TaxPeriodEndDt02020-05-31
ReturnHeader/TaxYr02019

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Filings